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Andrimihaja, Noro Aina - 2017

Not only do Africa's fragile states grow more slowly than non-fragile states, but they seem to be caught in a …

Persistent link: https://www.econbiz.de/10012975620

Financial Channels, Property Rights, and Poverty : A Sub-Saharan African Perspective

Singh, Raju Jan - 2017

sectors should improve the allocation of capital by allowing entrepreneurs greater access to finance, which should … (deposits versus credit). Looking at a sample of 37 countries in Sub-Saharan Africa from 1992 through 2006, the paper suggests …

Persistent link: https://www.econbiz.de/10012970072

Financial Inclusion in Africa : An Overview

Demirgüç-Kunt, Asli - 2017

This paper summarizes financial inclusion across Africa. First, it provides a brief overview of the African financial … in Africa that use formal and informal financial services and identify the barriers to formal account ownership. Next, it … Africa compares with small and medium enterprises in other developing regions in terms of account ownership and availability …

Persistent link: https://www.econbiz.de/10012975192

Financial Development and Survival of African Agri-Food Exports

Jaud, Melise - 2017

external finance. The authors test whether exports of products that are relatively more reliant on external capital survive …

Persistent link: https://www.econbiz.de/10012976026

Resource Misallocation in Turkey

Nguyen, Ha - 2017

This paper examines resource misallocation within narrow industries in Turkey. It finds that resource misallocation in Turkey is substantial. The hypothetical gain from moving to "U.S. efficiency" is 24.5 percent of manufacturing total factor productivity in 2014. The evolution of resource...

Persistent link: https://www.econbiz.de/10012966002

Import Substitution with Labor Misallocation

Martins, Marco A. - 2018

This paper argues that relying on major policy distortions to create a domestic automotive industry through import substitution generates significant costs for the economy, in terms of foregone output, lower consumption, and reduced overall welfare. To bring this issue into sharp relief, the...

Persistent link: https://www.econbiz.de/10012912290

A Detailed Anatomy of Factor Misallocation in India

Duranton, Gilles - 2019

This paper complements the results of earlier work on factor misallocation. The paper first expands the methodology and provides two important decompositions for the main indices. The main result is that factor and output misallocation across districts is at least as important as misallocation...

Persistent link: https://www.econbiz.de/10012903648

Persistent Misallocation and the Returns to Education in Mexico

Levy, Santiago - 2019

Over the last two decades, Mexico has experienced macroeconomic stability, an open trade regime, and substantial progress in education. Yet average workers' earnings have stagnated, and earnings of those with higher schooling have fallen, compressing the earnings distribution and lowering the...

Persistent link: https://www.econbiz.de/10012895430

Taxing the Good? Distortions, Misallocation, and Productivity in Sub-Saharan Africa

Cirera, X. - 2018

This paper uses comprehensive and comparable firm-level manufacturing census data from four Sub-Saharan African countries to examine the extent, costs, and nature of within-industry resource misallocation across heterogeneous firms. The paper finds evidence of severe misallocation in which...

Persistent link: https://www.econbiz.de/10012934838

Efficiency and Equity Implications of Oil Windfalls in Brazil

Jorgensen, Ole Hagen - 2017

Large oil reserves off the coast of Brazil may substantially increase the country?s oil revenue in the future. A natural resource "curse" could be the consequence if an appropriate share of the oil revenue is not invested. This issue is addressed in this paper for Brazil both theoretically and...

Persistent link: https://www.econbiz.de/10012974014